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Corporations With Cyber Governance Create Almost 4X More Value

ID: e8bd07bc-e62b-5fa6-bed8-121d9980fe6b

STIX ID: report--e8bd07bc-e62b-5fa6-bed8-121d9980fe6b

Feed Name: Dark Reading

Date Published: 2024-03-28

Date Updated: 2026-04-21

Author: David Strom

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The article summarizes a Bitsight and Diligent survey of more than 4,000 companies showing that boards with specialized cybersecurity committees and embedded cyber experts correlate with stronger security postures and significantly higher shareholder returns; it also highlights low prevalence of such expertise on boards, poor integration of CISOs, and recommends treating cybersecurity as a strategic asset rather than merely an operational necessity.

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